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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (9725)	1/3/2001 2:37:59 PM
From: Nathan	Read Replies (1) \| Respond to of 30051

Rich, is that Carpino? He has been pretty accurate has he not?

To: Rich1 who wrote (9725)	1/3/2001 2:50:03 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Well, while I was not ready for a cut today, I posted yesterday on the currencies thread that I changed my mind about the fed's not cutting until the 31th, and was pretty heavily loaded by the time that news hit after lunch. I think that now we have to look at some leaders like AMAT and INTC and see their behavior to guess what the rest of the market might do. That CRA call earlier today was not that bad, I just saw it at $37, but then everything else is roaring as well. If BRCD and BRCM can get above $$100 and hold there, I think most of the bad tidings are over (for the time being). So, how come the holy one is still not above $10? (g). I was also hoping for MIS to get back above $20, it did'nt so I took a minimal profit here at $18.125 ($7/8), and will wait for soem retest of the $16 or so area. Zeev